DOL Revises Abandoned Plan Program, Extends Program Eligibility to Chapter 7 Bankruptcy Trustees
Interim Final Rule: Abandoned Plan Regulations, 29 CFR Parts 2520, 2550, and 2578, 89 Fed. Reg. 43636 (May 17, 2024); …
Interim Final Rule: Abandoned Plan Regulations, 29 CFR Parts 2520, 2550, and 2578, 89 Fed. Reg. 43636 (May 17, 2024); …
Ways and Means Committee Chair Jason Smith (R-MO) and House Budget Committee Chair Jodey Arrington (R-TX) have asked analysts how …
Securities and Exchange Commission (SEC) Chief Accountant Paul Munter said audit firms must set proper tone at the top followed …
Over 130 Democrats urged Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel to make the tax e-filing pilot program, …
By Margaret Eisler On May 14, 2024, Colorado Governor Jared Polis approved legislation that revises Taxpayer’s Bill of Rights (TABOR) refund mechanisms, …
The National Small Business Association (NSBA) has filed its brief with the Eleventh Circuit urging it to uphold a lower …
Senator Ron Wyden (D-OR) refused to speculate about the failure of the bipartisan tax bill — which has remained stalled …
The FASB may be interested in revising the definition of a public business entity (PBE), according to board discussions on …
By Debbie Tam Question: One of our employees just got divorced. Does she have to file a new federal Form W-4, Employee’s …
The House Ways and Means Committee reported three bills aimed at increasing the transparency around tax-exempt organization spending and receipt …
Rev. Proc. 2024-25 (May 9, 2024) Available at https://www.irs.gov/pub/irs-drop/rp-24-25.pdf The IRS has released the 2025 cost-of-living adjusted limits for health …
Attorney Advisor Sarah Haradon of the Treasury Department Office of Tax Policy shared the rationale behind the issuance of proposed …
By Carlton Huntley On May 7, 2024, Florida Governor Ron DeSantis signed an omnibus tax bill that: adopts the current …
publican lawmakers, led by House Ways and Means Committee Chair Jason Smith (MO), have introduced legislation that would increase penalties …
The Public Company Accounting Oversight Board (PCAOB) on May 13, 2024, voted unanimously to adopt a new standard that could …
In an attempt to stem the tide of identity theft and refund fraud, the IRS has announced increased security measures …
By Debbie Tam On May 7, 2024, IRS Commissioner Daniel Werfel, during a hearing before the House Committee on Appropriations, discussed …
Various energy tax credit programs amended or created by the Inflation Reduction Act (PL 117-169) likely will not be outright …